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The following data are available relating to the performance of Rock Fund and the Market portfolio: Rock Fund Market Portfolio Average Return 18% 14% Standard deviations of 30% 22% returns Beta 1.4 1.0 Residual Standard 4.0% 0.0% Deviation The risk-free return during the sample period was 6%. Calculate the M2 measure for the Rock Fund? Select one: O a. 40% O b. 4% O c. 2.86% O d. 0.8% O e. 20% You want to evaluate three mutual funds using the Jensen measure for performance evaluation. The risk-free return during the sample period is 6%, and the average return on the market portfolio is 18%. The average returns, standard deviations, and betas for the three funds are given below. Average Return Beta Residual Standard deviation Fund A (17.6% 10% 1.2 Fund B 17.5% 20% 1.0 Fund C 17.4% 30% 0.8 The fund with the highest Jensen measure is Select one: O a. Fund A. O b. Fund B. O c. Fund C. O d. Funds A and B (tied for highest). O e. Funds A and C (tied for highest)